Technology Minerals (LSE:TM1) Accounts Payable & Accrued Expense : £0.77 Mil (As of Dec. 2023)

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What is Technology Minerals Accounts Payable & Accrued Expense?

Technology Minerals's quarterly accounts payable & accrued expense declined from Dec. 2022 (£0.74 Mil) to Jun. 2023 (£0.34 Mil) but then increased from Jun. 2023 (£0.34 Mil) to Dec. 2023 (£0.77 Mil).

Technology Minerals's annual accounts payable & accrued expense declined from Jun. 2021 (£0.54 Mil) to Jun. 2022 (£0.52 Mil) and declined from Jun. 2022 (£0.52 Mil) to Jun. 2023 (£0.34 Mil).

Technology Minerals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Technology Minerals's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Technology Minerals Accounts Payable & Accrued Expense Chart

Technology Minerals Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

0.54

0.52

0.34

Technology Minerals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	0.48	0.52	0.74	0.34	0.77

Technology Minerals Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Technology Minerals (LSE:TM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Technology Minerals PLC (LSE:TM1) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Savile Row, London, GBR, W1S 3PW

Website

https://www.technologyminerals.co.uk

Technology Minerals PLC is a London-based mineral exploration company focused on the exploration of mineral resource projects in Ireland (Li project), Spain (Cu-Co-Ni project), Cameroon (Ni-Co project), and three projects in the USA (Cu-Co, Co, and Ni-Co-Cu projects, respectively).

Technology Minerals (LSE:TM1) Headlines

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